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Data retention is how long data must be kept available for retrieval if necessary. Each company determines what data retention for each subject matter based on business requirements. Stores data for that includes which stores are most profitable may need to be retained for years to do trend analysis on which stores are most and least profitable. To keep the database from growing too large, the history data can be backed up to tape and stored in an off site vault. If it is needed, when the recovery command is given, it will ask for that tape. Retention can be weeks, months, years.

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What is the data analysis phase of business research?

Data analysis requires researchers to sort out nonusable data such as incomplete questionnaires or dropouts in an experiment; code and edit data to meet the computer requirements; and analyze data quantitatively, qualitatively or both.


When would a tier 4 data center be used?

Data centers are used to house computer systems such as those for telecommunications and storage. A tier 4 data center is used mainly for information that requires high security or stringent environmental requirements.


Changing all of the values in a data set in the same way is called transmitting the data?

Changing all of the values in a data set in the same way is typically referred to as "data transformation" or "data normalization," not transmitting. This process alters the data to facilitate analysis, improve accuracy, or meet specific requirements. Transmitting data generally refers to the process of sending data from one location to another, rather than changing its values.


What is retention sum?

The retention sum is outstanding own his various contracts are substantial part of the contractor's capital.


What are the two ways of sorting data?

The two primary ways of sorting data are ascending and descending order. Ascending order arranges data from the smallest to the largest value, while descending order organizes it from the largest to the smallest. These methods can be applied to various types of data, including numbers, letters, and dates, depending on the context and requirements of the analysis.

Related Questions

What is the data storage act?

The Data Storage Act refers to laws and regulations that govern how data is stored, managed, and protected. It outlines requirements for data security, privacy, and retention practices to ensure that personal and sensitive information is kept safe and handled appropriately. Compliance with the Data Storage Act helps prevent data breaches and misuse of data.


What is the significance of retention time in the context of data storage and management?

Retention time is a crucial factor in data storage and management as it refers to the duration for which data is stored and accessible. It helps determine how long data needs to be retained for compliance, legal, or business purposes. Proper management of retention time ensures data integrity, security, and compliance with regulations.


Why do you need to calculate the data storage requirements?

Data storage requirements is needed because your work might not fit the data storage requirements and you may have to modify your work to fit the data requirements


What are the advantages and disadvantages of data logging?

Legality- user notification that actions are being logged, conforming to legislative requirements (retention of data for what period of time). Security - What was done by whom, logging of unneccessary data e.g. user accessed this with these credentials. Performance - Logging too much can use lots of storage.


What steps are involved in determining the retention period for records?

Identify legal requirements: Determine the minimum retention period mandated by laws or regulations that apply to your industry. Assess business needs: Consider the operational, historical, and compliance requirements of your organization to determine how long to retain records beyond the legal minimum. Develop a retention schedule: Create a documented retention schedule that outlines specific retention periods for different types of records based on legal requirements and business needs. Implement and monitor: Ensure that the retention schedule is followed consistently, regularly review and update it as needed, and monitor compliance with the established retention periods.


What is retention flip flop?

Flip flops , which retain there data even after in power down mode, are referred as retention flip flops.


An important component of a good data retention policy is?

offsite storage


How long do isp keep records?

ISPs typically keep records of customer data for varying periods of time, which can range from months to years. The specific length of time that ISPs retain this data can depend on factors such as legal requirements, company policies, and the type of data being stored. It's important to review your ISP's privacy policy to understand their data retention practices.


What are the legal requirements to the collection use and storage of data and information?

Legal requirements for the collection, use, and storage of data vary by jurisdiction but generally include obtaining informed consent from individuals, ensuring data accuracy, and implementing security measures to protect data from unauthorized access. Organizations must comply with relevant regulations, such as the General Data Protection Regulation (GDPR) in the EU or the California Consumer Privacy Act (CCPA) in the U.S., which mandate transparency about data practices and the rights of individuals regarding their personal information. Additionally, data retention policies need to be established to specify how long data will be stored and the conditions under which it will be deleted.


Client machine's audit logs will be maintained for at least Days?

Client machine's audit logs will be maintained for at least 90 days. This retention period ensures compliance with regulatory requirements and allows for sufficient time to review logs for security incidents or audits. After 90 days, logs may be archived or deleted based on the organization's data retention policy.


What are the requirements of data processing?

goyyala


What is the record retention requirements for rabbi trust?

The record retention requirements for a rabbi trust typically involve maintaining documentation for the life of the trust plus a specified period after its termination, often around six years. Key documents include the trust agreement, financial statements, and records of contributions and distributions. It's essential to consult specific IRS guidelines and legal standards, as requirements can vary based on jurisdiction and the nature of the trust. Proper retention ensures compliance and facilitates audits or inquiries.